Announced
Financials
Sources
Tags
Private Equity
Pending
Majority
Software
Friendly
United States
software development
Acquisition
Domestic
Single Bidder
Private
Synopsis
Private equity firm L Squared Capital Partners and PSG agreed to invest in Lumaverse Technologies, a provider of constituent management and engagement software. Financial terms were not disclosed. "Lumaverse has built a differentiated software platform within an attractive market segment that we believe is poised for strong growth. We are excited to partner with PSG and management to support the company’s next phase of growth. We plan to accelerate the company’s development both organically and through acquisitions to further enhance the value proposition for its large, growing customer base," Adam Kimura, L Squared Partner.
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